Industry Bloodbath Continues: 'Denver Post' Loses 21 Posts in Newsroom

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By: Seven newsroom employees at The Denver Post have been laid off, in addition to 14 others who accepted buyout offers, Editor Gregory L. Moore said Tuesday.

The newspaper said last week that 16 employees accepted buyouts, but two changed their minds, Moore said.

The Post, which is owned by MediaNews Group Inc., took the action amid an industrywide restructuring as newspapers cope with declining readership and advertising revenue.

"For the moment, I think we are where we need to be on the budget," Moore said.

Denver-based MediaNews is the nation's fourth-largest newspaper group. It operates the Post in a joint operating agreement with E.W. Scripps Co., the Cincinnati-based owner of the Rocky Mountain News. Seventeen staffers accepted buyouts from the News last month.

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